NonprofitsWells Memorial Incorporated

Education

Wells Memorial Incorporated

MINNEAPOLIS, MN

Total revenue

$156K

Total expenses

$154K

Net assets

$2.0M

Grants received

$229K

11 grants

EIN

410694711

Tax year

2024

Mission

The wells foundation provides social service grants to nonprofits primarily in the area of homelessness, veterans and youth.

Financials

FY 2024

Revenue

Contributions & grants$76K
Program service revenue
Investment income$81K
Other revenue
Total revenue$156K

Expenses

Grants paid$130K
Salaries & benefits
Fundraising
Other expenses$24K
Total expenses$154K
Total assets$2.0M
Net assets$2.0M

People

11 listed

NameRoleCompensation

MARTHA HOOVER

PRESIDENT

Board

5 hrs/wk

JOHN NUECHTERLEIN

VICE PRESIDENT

Board

5 hrs/wk

JIM ARNOLD

TREASURER

Board

5 hrs/wk

BARBARA KNOWLES HANSON

SECRETARY THRU 12/31/24

Board

5 hrs/wk

HARRIET MCCLEARY

SECRETARY STARTING 1/1/25

Board

5 hrs/wk

DAVID ALBRECHT

BOARD MEMBER

Board

1 hrs/wk

RACHAEL BABBITT

BOARD MEMBER

Board

1 hrs/wk

MOLLY BOTT

BOARD MEMBER

Board

1 hrs/wk

DAVID NICKEL

BOARD MEMBER

Board

1 hrs/wk

JOHN RAMSBOTTOM

BOARD MEMBER

Board

1 hrs/wk

LINDA SCHUBRING

BOARD MEMBER THRU 7/2/24

Board

1 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$28K
GENERAL OPERATING
2023
$26K
EDUCATION, DONOR-ADVISED, EDUCATION
2023
$32K
GENERAL OPERATING
2022
$22K
DONOR-RECOMMENDED, PHILANTHROPY
2022
$27K
GENERAL OPERATING
2021
$22K
PHILANTHROPY
2021
$27K
GENERAL OPERATING
2020
$6K
THE VETERAN'S DAY CONCERT
2020
$6K
THE VETERAN'S CONCERT
2018
$6K
THE VETERAN'S CONCERT
2017

Funded by

$229K from 2 funders · 11 grants · 2017–2024

The Minneapolis Foundation

$115K · 7 grants · 2017–2024

Wells Memorial Foundation

$114K · 4 grants · 2020–2023

Details

EIN410694711
NTEE codeB90
Subsection03
Ruling date1926-05
Formed1930
Employees0
Volunteers9
WELLS MEMORIAL INCORPORATED — Mission, Financials & Grants Received | Grantivo